Economy
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The Islamic Centre for Trade Development strengthens economic cooperation with the Investment Promotion Agency in Mauritania
Casablanca (UNA) – The Islamic Centre for Development of Trade (ICDT) in Casablanca received a delegation from the Mauritanian Investment Promotion Agency (AIPA) as part of efforts to strengthen economic cooperation and encourage investment…
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Palestinian startups participate in GITEX Africa in Marrakech with support from Bait Mal Al-Quds.
Marrakech (UNA/WAFA) – Six Palestinian startups specializing in innovation and development will participate in the fourth edition of GITEX Africa, which will be held in Marrakech starting next Tuesday, with the support of…
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The Islamic Development Bank Institute publishes a new book entitled “Fundamentals of Islamic Finance”
Jeddah (UNA) – The Islamic Development Bank Institute announced the publication of a new book in English entitled “Fundamentals of Islamic Finance,” authored by Dr. Sami Al-Suwailem, Acting Director General of the Institute, which provides an in-depth analysis…
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Islamic Development Bank Group Day events in Nigeria promote private sector participation and investment partnerships
Lagos (UNA) – The Islamic Development Bank Group concluded its “Group Day” events yesterday, Monday, March 30, 2026, in Lagos, Nigeria, with the participation of senior government officials, private sector leaders, and representatives from various institutions…
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Palestinian Central Bureau of Statistics: The Palestinian economy “lost a fifth” in two years
Ramallah (UNA/WAFA) – Official data released on Sunday showed that the Palestinian economy grew by 4% in 2025 compared to the previous year, but remained about 20% lower…
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The Saudi Ports Authority announces a maritime link with Bahrain
Riyadh (UNA/SPA) – The Saudi Ports Authority (Mawani) announced a maritime link between the Kingdom of Saudi Arabia and the Kingdom of Bahrain through the GULF SHUTTLE shipping service operated by MSC, which runs through the port of…
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European Commission: Middle East war will inflict an “inflationary shock” on the global economy
Brussels (UNA/WAFA) – The European Commission has warned that the ongoing war in the Middle East threatens the global economy with an inflationary shock. According to the European news agency Euronews, the European Commissioner for Economy and Productivity, Valdis Dombrovskis, said…
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The General Council for Islamic Banks and Financial Institutions and the Makkah Chamber of Commerce sign a memorandum of understanding to promote Islamic finance and economic development.
Makkah (UNA) – In a strategic move reflecting an ambitious vision for the future of the Islamic financial services industry, the General Council for Islamic Banks and Financial Institutions signed a memorandum of understanding with the Makkah Chamber of Commerce to consolidate…
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Leaders in the Islamic finance industry discuss the future of participation-based investment accounts at the General Council's Islamic Economic Strategic Meeting.
Madinah (UNA) – The General Council for Islamic Banks and Financial Institutions (GCIBFI), the official umbrella organization for the global Islamic finance industry, successfully held its third strategic meeting on Islamic economics under the theme: “Towards Activating Investment Accounts…
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Conference on Initiatives for Achieving Food Security in the Arab World Discusses Financing, Investment, and Innovation
Dubai (UNA/WAM) – The Arab Food Security Initiatives Conference, organized by the Arab Authority for Agricultural Investment and Development under the theme “Sustainability is the path towards…”, kicked off in Dubai today.
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